To date, relatively little research has examined the perceptions of children and parents involved in university-assisted partnership programs. In this paper, we present findings from a case study of a university-assisted community school (UACS) afterschool program wherein we interviewed participating students and their parents. We also completed participant observations at the school site and included the perspectives of the two central administrative staff (i.e., the school principal and the afterschool program coordinator), as this served to deepen our understanding. Our findings highlight how the students and parents positioned the UACS afterschool program as being significantly different from the regular school day, while also noting how the program positively shaped the children's lives. Further, we highlight how the administrative staff positioned the university as central to the afterschool program; in contrast, the students and parents did not mention the resources that were bound to the university. We conclude with implications for practitioners and scholars engaged in university-assisted partnership work.